The chamber choir at Springfield High School is having a banquet dinner, renting out a local community center for the event. It costs $50 to rent the community center and the choir has a budget of $550 for 15 families for a total of 46 people. How much can the chamber choir spend on each person's meal if they plan on spending $2.50 on a gift for each person at the banquet?
46(x +2.5) + 50 = 556